Austerity reigns, we lose: G20 summit roundup

“What actually happened at the summit is that the global elites just stuck the bill for their drunken binge with the world’s poor, with the people that are most vulnerable,” Klein says.

As I described (G20 and Deficits) in the week’s leading up to the G20 summit, the push was for austerity and cuts to social spending, regardless of how much it would hurt the poor and could easily, according to some economists lead us to a new depression. Canada (with France, Britain and Germany, among others) led the charge. Well, it happened. Austerity reigns.

Here are a number of excellent articles on the aftermath of the G20 meetings themselves.

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